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Remember When Microsoft Almost Bought Yahoo For $50 Billion?
- thematt 14y agoThat deal included some of the most foolish business decisions made in a long time and interestingly enough both sides made the entirely wrong decision. Microsoft was stupid for bidding, Yahoo was stupid for rejecting.
- mariuolo 14y agoPerhaps once bought by Microsoft it wouldn't have gone so bad.
- deleted 14y ago[deleted]
- sixcorners 14y ago> Now, it’s of course possible that Yahoo would have done well under Microsoft. It’s also possible that unicorns are real. There’s essentially nothing to suggest that Microsoft/Yahoo would have worked. Meanwhile, there’s plenty to suggest that the opposite would have happened — namely, what happened with aQuantive post-acquistion. And the fortunes of Yahoo since the rejection.
- earl 14y agoRemember that msft sold Avenue A/Razorfish [1] to Publicis for $530mm, plus IIRC something on the order of a billion dollars of guaranteed purchases of msft display inventory ([2] mentions but doesn't know the amount), though I could be way off on that. So msft probably got $1B back from the $6B purchase, so I don't understand how they can write down more than $5B. Anyway, it means the aQuantive purchase was 16% less shitty than everyone reports =P [1] http://en.wikipedia.org/wiki/Avenue_A/Razorfish http://en.wikipedia.org/wiki/Avenue_A/Razorfish [2] http://mediadecoder.blogs.nytimes.com/2009/08/09/microsoft-sells-razorfish-digital-agency-to-the-publicis-groupe/ http://mediadecoder.blogs.nytimes.com/2009/08/09/microsoft-s...
- Kevin_M_Miller 14y agoI bet MS is regretting not pushing it right now. That meant they could have possibly ended up with Mayer instead of Balmer as the CEO.